Walsh Construction Group, LLC

Chicago, IL ConstructionNAICS 236200

Self-funded health planPlan year 2025Renews January
4,536Participants+5% vs. prior year
$10.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 9Construction in ILBy participants

Overview

Walsh Construction Group, LLC sponsors a self-funded health plan that covered 4,536 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
4,536 · prior year 4,317
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Walsh Group Employee Welfare Benefit Plan, plan 501 (4,536 participants)
Broker compensation
$2.8M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Short-term disability, Long-term disability4,536$2.8M$812K
Transamerica Life Insurance CompanyLife2,194$1.6M$940K
Aetna Life Insurance Co.—4,378$769K$543K
Combined Insurance Company of AmericaShort-term disability1,056$595K$401K
United Healthcare Insurance CompanyVision9,421$466K$43K
MetLife Legal PlansLegal1,104$259K$25K
Delta Dental of IllinoisDental4,519$162K—

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$10.8M/ year

Estimated prescription spend: 4,536 participants × $2,371 national average per member. Usually higher once dependents are counted.

$280K–$689K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$82K–$204K
Lower-cost therapeutic alternatives$119K–$250K
Generic pricing vs. actual cost$52K–$155K
PBM contract terms$27K–$81K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Walsh Construction Group, LLC
Sponsor EIN
27-0887722
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-0887722 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Walsh Construction Group, LLC's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Walsh Construction Group, LLC.

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